Want to join the conversation?
$VLY said in its Form 10-Q Quarterly Report filed on Aug. 8, 2016 that in early August it elected to prepay all $405MM of its Federal Home Loan Bank borrowings contractually maturing in 2018. $VLY refinanced 2018 debt, with total average cost of 3.69%, into a new 5-year FHLB borrowing with effective average interest rate of 2.51%.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.